Bank Execs: Covid’s Tech Challenges Handed ‘Big Wins’ to Automation, AI

Emerging tech is proving its worth since the Covid-19 outbreak, and are swaying skeptics towards even greater adoption, panelists said.

robot-machine-big board

The technical challenges of operating major financial institutions during the Covid-19 outbreak have driven uptake of automation and other new technologies such as artificial intelligence at hitherto unprecedented rates, according to speakers on a virtual panel at WatersTechnology’s Innovation Exchange event this week.

The sheer undertaking of moving between 90% and 95% of financial sector employees across all business functions and locations worldwide—from front-office sales and trading roles

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